About This Report

Abstract:

AGL Energy Limited, an integrated energy company, is planning to acquire the permit interests in PEL 101 and PEL 103 in the Cooper Basin, Australia, from Innamincka Petroleum, Ltd., a petroleum exploration and development company, for a cash consideration of AUD15 million ($10.14 million) and funding of a AUD10 million ($6.76 million) work program.

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